Yep Ellerston and Watermark are really good funds which I am invested in also. Another that might be worth a look at is Henry Morgan Limited (HML) which has achieved a mind staggering +98.14% YTD since first listing in Feb this year. Now Officially the best performing LIC trading on the ASX!
CDM Price at posting:
$1.20 Sentiment: Sell Disclosure: Held